3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for K L A-Tencor Corp
Our trading algorithm values K L A-Tencor Corp (KLAC) to be undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Buy |
| Current Price | $263.7 |
| 60 Day Prediction | $282.41 |
| 60 Day Pred - Lower Bound | $261.61 |
| 60 Day Pred - Upper Bound | $303.51 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.261 * nr_days_in_the_future + 274.586
Based on this information, our algorithm recommends the trading decision: Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
KLAC traded at $263.7 this Monday October 17th, loosing $-11.11 or -4.21 percent since last week.
Looking back, over the last month, KLAC has been loosing $-66.2 or -25.1 percent.
Over the last year, it has been loosing $-67.33 or -25.53 percent.
Seasonality of K L A-Tencor Corp
Using our AI model, we have been analyzing the value change for K L A-Tencor Corp depending on the day or month of a year. This can be seen in the following graph:
